LinkedIn to cut 5% of staff

LinkedIn has announced a strategic reorganization that will result in the elimination of approximately 5% of its global workforce.

The Microsoft-owned professional networking platform is seeking to streamline its operations and reallocate investment toward high-growth sectors, specifically artificial intelligence and expanded enterprise services.

This move follows similar workforce reductions at other major technology firms, including Cisco and Amazon, as the industry adapts to the changing economic landscape.

LinkedIn officials emphasized that the layoffs are part of a long-term plan to better align the company's resources with its future growth objectives.